Handelsbanken Fonder AB reduced its position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 14.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 138,572 shares of the company's stock after selling 24,130 shares during the period. Handelsbanken Fonder AB owned about 0.09% of Laureate Education worth $2,534,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Asset Management One Co. Ltd. increased its stake in shares of Laureate Education by 21.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company's stock valued at $1,390,000 after acquiring an additional 13,540 shares during the last quarter. Harbor Capital Advisors Inc. increased its position in Laureate Education by 207.4% during the third quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company's stock worth $13,703,000 after purchasing an additional 556,573 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Laureate Education by 3.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company's stock worth $35,638,000 after purchasing an additional 80,570 shares during the period. Burney Co. acquired a new position in shares of Laureate Education in the 4th quarter valued at $666,000. Finally, KBC Group NV boosted its holdings in shares of Laureate Education by 48.4% in the 4th quarter. KBC Group NV now owns 6,049 shares of the company's stock valued at $111,000 after purchasing an additional 1,974 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets increased their target price on Laureate Education from $21.00 to $23.00 and gave the stock an "outperform" rating in a research report on Monday.
Read Our Latest Stock Report on LAUR
Laureate Education Trading Up 0.4 %
Shares of NASDAQ:LAUR traded up $0.07 during trading on Friday, reaching $19.93. 1,353,343 shares of the stock were exchanged, compared to its average volume of 689,950. The firm's 50-day moving average price is $19.00 and its 200 day moving average price is $17.53. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 10.27 and a beta of 0.84. Laureate Education, Inc. has a 12-month low of $13.26 and a 12-month high of $21.73. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63.
Laureate Education (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The company had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. On average, sell-side analysts anticipate that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.
Laureate Education Profile
(
Free Report)
Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.
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